Yumi NFT Marketplace Unveils Two Exciting Features: Introducing Raffle Functionality and NFT Tickets

Yumi NFT Marketplace made waves during the ICP Rooftop Party at ETH Paris with the launch of two new features. Beyond the exhilarating party atmosphere, Yumi demonstrated its commitment to pushing the boundaries of NFT utility by introducing the Raffle Functionality and NFT Tickets. These innovative additions have the potential to revolutionize the way users engage with NFTs, extending the concept beyond mere collectibles and into tangible, real-world experiences.

Yumi
3 min readJul 27, 2023

Raffle Functionality — Adding a New Dimension to NFT Ownership

One of the key features that Yumi introduced during the ICP Rooftop Party was the Raffle Functionality. This innovative concept enables NFT owners to attach physical prizes to their acquired tokens, further blurring the lines between the digital and physical realms. When a user purchases an NFT on the Yumi platform, they not only gain ownership of a unique digital asset but also have the opportunity to participate in exclusive raffles to win exciting, tangible rewards.

The Raffle Functionality creates an exciting incentive for collectors, artists, and enthusiasts alike. Artists can collaborate with Yumi to offer limited-edition merchandise, event tickets, or other exclusive physical items as raffle prizes tied to specific NFTs. This not only amplifies the value of the NFT but also enhances the overall user experience by turning it into a thrilling game of chance.

The integration of blockchain technology ensures transparency and fairness in the raffle process. Smart contracts govern the selection of raffle winners, assuring users that the process is tamper-proof and unbiased.

NFT Tickets — Unlocking Access to Exclusive Events

Another groundbreaking feature introduced by Yumi NFT Marketplace is the concept of NFT Tickets. As the name suggests, NFT Tickets are unique digital assets that grant their holders exclusive access to events, experiences, or even virtual gatherings.

By offering NFTs as tickets, Yumi opens up a new realm of possibilities for event organizers, businesses, and artists. Events can be hosted on the blockchain, with attendance restricted to holders of specific NFT Tickets. This creates a sense of exclusivity, making these gatherings more appealing to both collectors and enthusiasts who value unique experiences.

Moreover, NFT Tickets also serve as a form of memorabilia, commemorating the event and offering attendees a tangible token of their participation. Collectors can trade these NFT Tickets on the Yumi platform, providing an additional layer of value and rarity to these digital assets.

Future Prospects

The introduction of Raffle Functionality and NFT Tickets marks a significant milestone for Yumi NFT Marketplace, and highlight our commitment to pushing NFT utility. By bridging the gap between the digital and physical worlds, our platform is pioneering new ways for NFTs to add value to users’ lives beyond their virtual collections.

Looking ahead, the potential applications of these features are limitless. Yumi can collaborate with various industries to create unique and immersive experiences, where NFTs become gateways to real-world opportunities. Concerts, conventions, meetups, and conferences are just a few examples of events that can leverage NFT Tickets to offer exclusive access and rewards.

As Yumi continues to push the boundaries of NFT utility, we can only imagine the endless possibilities our platform will bring to the world of blockchain and beyond.

Happy Collecting!

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Yumi

Yumi is an NFT marketplace built on Internet Computer blockchain. Ultra-fast, highly secure, low-cost and 100% decentralized with NFTs stored fully on-chain.